S.R.O. 483(I)/2016, Islamabad, the 29th June, 2016

Amendments in Notification No. S.R.O 656(I)/2006, dated the 22nd June, 2006 GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE AND REVENUE (REVENUE DIVISION) ***** Islamabad, the 29th June, 2016. NOTIFICATION (CUSTOMS) S.R.O. 483(I)/2016.- In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to direct that the following further amendments shall be made in its Notification No. S.R.O 656(I)/2006, dated the 22nd June, 2006, namely:- In the aforesaid Notification,- (a) in the preamble,- (i) after the word "exempt" a comma, word, colon and dash shall be inserted, namely:- (ii) for the expression "components (which include sub-components, components, sub-assemblies and assemblies but exclude consumables), imported in any kit form, and direct materials for assembly or manufacture of vehicles falling under Chapter 87 of the First Schedule to the said Act, from so much of customs duties, as specified in the said First Schedule, as are in excess of the rates specified in column (4) of the Table below, subject to the following conditions, namely:-" the following expressions shall be substituted, namely:- "(a) components (which include sub-components, components, sub-assemblies and assemblies but exclude consumables) mentioned in column (3) of the Table-I below, imported in any kit form, and direct materials for assembly or manufacture of vehicles falling under Pakistan Customs Tariff (PCT) code of Chapter 87 as mentioned in column (2) of the Table-I, from so much of customs duty as specified in the First Schedule to the said Act, as is in excess of the rates specified in column (4) of Table-I, subject to the general conditions (i) to (xiv) in paragraph 2; (b) the goods mentioned in column (3) of the Table-II below, imported by an importer-cum-assembler or manufacturer, declared to be an investor under "Category-A Greenfield Investment" and "Category-B Brownfield Investment" by the Ministry of Industries and Production in terms of its Notification No. 2(9)/2013-LED-II dated the 2nd June, 2016, for assembly or manufacture of automotive vehicles, falling under Pakistan Customs Tariff (PCT) code of Chapter 87…